April 16, 2026

Ignitis Group Finalizes Sale Transaction

March 31, 2026
70419

AB “Ignitis grupė“ (the Group) announces the completion of selling 49% of its shares in UAB Vilniaus kogeneracinė jėgainė (Vilnius CHP). The 49% stake was purchased by Quaero European Infrastructure Fund III, managed by Quaero Capital SA (Quaero Capital).

The transaction finalized on 30 March 2026, following approval from the Group’s General Meeting of Shareholders on 25 March 2026, regulatory consents from Lithuanian and Latvian authorities, and fulfillment of other closing conditions.

The Group disclosed the share purchase agreement on 25 February 2026. The announcement does not impact the Group’s Adjusted EBITDA and Investments guidance for 2026.

For more information, contact:

Communication
Valdas Lopeta
+370 621 77993
valdas.lopeta@ignitis.lt

Investor Relations
Ainė Riffel-Grinkevičienė
+370 643 14925
aine.riffel-grinkeviciene@ignitis.lt

Source link

Comments

15 responses to “Ignitis Group Finalizes Sale Transaction”

  1. Bombay Shivers Avatar
    Bombay Shivers

    Just what we needed, another grand transaction to remind us how much fun it is to shuffle shares around like a game of cards. 🎩 Who knew selling 49% could feel so much like half a pint at the pub? 🍻

    Reply
  2. night train Avatar
    night train

    Selling 49% of a company must be a walk in the park for Ignitis, I mean, who needs a full stake when you can play half-hearted Monopoly with European funds? 💼💸

    Reply
  3. white swan Avatar
    white swan

    Just what we needed, another 49% sale to keep us all on our toes. Bravo, Ignitis Group! Perhaps next time they’ll sell us the moon for a discount. 😂

    Reply
  4. Tacklebox Avatar
    Tacklebox

    Just when you thought selling nearly half your company was a bold move, Ignitis goes and does it in style! Next stop, the “How to make 49% sound like 100%” masterclass. 😂💼

    Reply
  5. killer grenade Avatar
    killer grenade

    Another day, another sale of nearly half a company—just what we needed, right? 🍷 Hope they at least threw in a good bottle of wine with those shares!

    Reply
  6. FireBerry Avatar
    FireBerry

    Just what we needed, another sale to make the shareholders smile while the rest of us keep wondering if “49%” is the new trendy European way of saying “almost half.” Bravo, Ignitis, keep the lights on! 💡😏

    Reply
  7. Tomcat Avatar
    Tomcat

    Selling 49% of your shares? Classic move, like a politician promising free coffee but serving decaf. ☕💼 Who knew business could be this thrilling?

    Reply
  8. cooger Avatar
    cooger

    Finalizing a sale like this must be a real nail-biter—who knew selling nearly half of a company could be so thrilling? 🤔 You’d think they were auctioning off the crown jewels, not just a few shares! 💸

    Reply
  9. Don Stab Avatar
    Don Stab

    Selling 49% of your shares? That’s one way to keep the shareholders happy, innit? 😂 Just a little less than half, but who’s counting, right? Cheers! 🍻

    Reply
  10. chasm face Avatar
    chasm face

    Selling nearly half of your company? Now that’s what I call a bold strategy—next, let’s just sell the other half and call it a day, right? 🤷‍♂️💰

    Reply
  11. Microwave Chardonnay Avatar
    Microwave Chardonnay

    Just what we needed, another “strategic” sale to keep the shareholders happy while we keep pretending electricity grows on trees. Brilliant move, lads! 🍃💼

    Reply
  12. RZRWRE Avatar
    RZRWRE

    Looks like Ignitis is offloading nearly half their stake like it’s last season’s fashion—good luck to the new owners, they’ll need it! 🤷‍♂️💸

    Reply
  13. Super Flick Avatar
    Super Flick

    So, Ignitis just sold 49% of its shares like it was yesterday’s stale bread, eh? Must be nice to have that kind of spare change lying around! 💸😏

    Reply
  14. Bleachers Avatar
    Bleachers

    So, they’ve sold nearly half of their shares, eh? Must be nice to keep the lights on while cashing in—let’s hope Quaero knows how to run a power plant better than a pub manager knows how to pour a pint! 🍻⚡

    Reply
  15. kingfisher Avatar
    kingfisher

    Just what we needed, another bigwig selling off bits of our energy future! If I wanted to see a game of Monopoly, I’d just go watch the kids in the park. 😏💼

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

Last News

‘Orbán Breaks Silence: Political Era Ends Following Hungarian Election Defeat’

April 16, 2026
42875

‘Orbán Breaks Silence: Political Era Ends Following Hungarian Election Defeat’

Orbán, Hungary’s 16-year leader, adopted a solemn demeanor throughout the interview, expressing personal feelings of pain and emptiness following the election results. He has been focusing on his work as “occupational therapy” to manage the shock, admitting, “Even I thought we were going to win.”
Magyar has signaled a departure from Orbán’s nationalist-populist

Read More

Sudan: RSF Shows Willingness While Burhan Struggles to Balance

April 16, 2026
84485

Sudan: RSF Shows Willingness While Burhan Struggles to Balance

General Mohamed Hamdan Dagalo, the leader of Sudan’s Rapid Support Forces, has reiterated his commitment to ending the three-year civil war and engaging in peace negotiations. He is open to allowing UN-supervised humanitarian support in the areas under his control. In recent talks in Nairobi with Pekka Haavisto, the UN secretary-general’s envoy, Dagalo expressed readiness to stop the war an

Read More

Germany Ready to Deploy Minesweepers to Strait of Hormuz

April 16, 2026
25304

Germany Ready to Deploy Minesweepers to Strait of Hormuz

The minesweeping plan was initially reported by Süddeutsche Zeitung.
Merz confirmed his government’s stance after meeting with Irish Prime Minister Micheál Martin in Berlin on Thursday. He emphasized that Germany is “fundamentally ready” to assist in securing shipping routes, but only under strict conditions.
These conditions include a stable ceasefire, a mandate within a collective security syste

Read More

Scientology Church Members Commemorated World Health Day in Europe and Beyond

April 16, 2026
62400

Scientology Church Members Commemorated World Health Day in Europe and Beyond

Scientology Observes World Health Day with Drug Prevention, Blood Donation, and Community Health Efforts
KINGNEWSWIRE // PRESS RELEASE // BRUSSELS, Belgium — April 16, 2026 — Churches of Scientology worldwide commemorated World Health Day 2026 through various activities promoting physical well-being and social responsibility, highlighting the importance of health within Scientology’s social bett

Read More

Russia Overnight Attack on Ukraine Leaves at Least 16 Dead

April 16, 2026
26548

Russia Overnight Attack on Ukraine Leaves at Least 16 Dead

Ukraine has successfully intercepted 90 percent of the killer drones and nearly 80 percent of the cruise missiles that Russia has targeted at the country over the past six months, according to Ukraine’s Defense Minister Mykhailo Fedorov, who spoke at the Ukraine Defense Contact Group meeting in Berlin on Wednesday. He reported that from last November to March this year, Russia launched 462 ballist

Read More

First Presidency Announces 2026–2027 Area Leadership Assignments

April 16, 2026
29968

First Presidency Announces 2026–2027 Area Leadership Assignments

The First Presidency of The Church of Jesus Christ of Latter-day Saints has shared the 2026–2027 area leadership assignments and announced changes to enhance support in Area Presidencies for the needs of a growing Church. These changes take effect on August 1, 2026.
Each General Authority Seventy or Area Seventy serves in an Area Presidency. There are no specific counselor designations. The Area

Read More

Postal Conflict: The Election Brawl Begins

April 16, 2026
47809

Postal Conflict: The Election Brawl Begins

With just three weeks to polling day, postal voting has commenced in local and devolved elections across the UK. Concerns are being raised about whether the process will remain clean and how deeply fake media could impact the campaign.
In Scotland, a major dispute has emerged between Labour and Reform regarding an alleged secret collaboration to oust the SNP, with both parties accusing each other

Read More

Extensive Grazing: Crucial for One-Third of Europe’s Protected Habitats | Press Releases

April 16, 2026
22649

Extensive Grazing: Crucial for One-Third of Europe’s Protected Habitats | Press Releases

One-third of EU-protected habitats rely on low-intensity grazing, according to a European Environment Agency (EEA) briefing. To maintain these habitats protected under the EU Habitats Directive, 10-15% of EU cattle, sheep, and goats are necessary. Economic pressures and technological advancements have shifted farming to intensive methods, often leading to land abandonment in grazing-dependent are

Read More

Rumen Radev, Fighter Pilot, Aims to Resolve Bulgaria’s Political Deadlock

April 16, 2026
53706

Rumen Radev, Fighter Pilot, Aims to Resolve Bulgaria’s Political Deadlock

Diverse Supporters
Amidst long-standing rumors of his plans to pursue the prime minister role, Rumen Radev announced his Progressive Bulgaria initiative in March. Though Radev does not formally lead Progressive Bulgaria, he is undeniably its central figure. The movement brings together a diverse group of politicians aligned with him, military personnel, newcomers, and former sports figures, with o

Read More

‘Sudan is an Atrocities Laboratory,’ UN Aid Chief Tells Berlin Conference

April 16, 2026
47030

‘Sudan is an Atrocities Laboratory,’ UN Aid Chief Tells Berlin Conference

Countries have reportedly pledged over $1 billion at the third International Conference for Sudan, co-hosted by Germany, the African Union (AU), the European Union (EU), France, and the United Kingdom.
Senior UN officials delivered remarks, including humanitarian affairs chief Tom Fletcher, who described Sudan as an “atrocities laboratory,” citing sieges of cities like El Fasher in Darfur, deni

Read More